Purchasing with no financing conditions...OMG!
In Vancouver, purchasing a property these days has become somewhat comparable to a Black Friday event. A property gets listed, an offer date is set, several buyers line up to view the property (actually some don’t even bother to view as they go straight to the offer stage), and finally offers are p
Mortgage income qualification sources you probably weren’t aware of
The most common types of income when qualifying for a mortgage are variations of salaried, hourly, and self employed income. But what about other sources of income? There are plenty more to be aware of!Here is a list of some other less talked about forms of qualifying income:Part-Time Income: as lon
Massive Mortgage Penalty?
Today I wanna talk about mortgage penalties and how and when they come into play within a mortgage. The when part of the question is quite simple, so let's begin there. Every mortgage has a maturity date (with the exception of home equity lines of credit), and if you sell your property or refinanc
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